Cyberattacks increase with technology inclusion in supply chains; Tesla doubles loss this Q2; China is pumping billions into OBOR strategy; Aramco drops IPO as fuel prices rise.
Supply chain automation company doubles its team in three months
Amazon spent $21.7 billion in shipping last year – a number which could be reduced if the company took control of its supply chain instead of partnering with 3PLs.
Chainyard, North Carolina’s largest blockchain specialist, announces its alliance with Blockchain in Transport Alliance (BiTA).
Some companies think they have it tough when setting up and orchestrating the delivery networks that shuttle their products from point of origin to end customer, but J.R. Butler faces some especially high hurdles. Read the Full Blog Post
From the first DOT week with ELDs to unprecedented load-to-truck ratios in California to the start of the summer season, the past few weeks have been overwhelming for many shippers. Companies are paying more than ever to move their products and carriers are failing on loads or rejecting primary freight, leading to a very hot […]
SF Holdings, a leading integrated logistics and supply chain service provider based in China, has joined BiTA.
This week, the Council of Supply Chain Management Professionals (CSCMP) published their 29th annual State of Logistics Report, which identified the trends that will impact the industry for the remainder of the year and well into the future.
Donald Broughton says that the oil boom and Trump tax cuts are driving a young industrial expansion cycle; shippers continue to adjust supply chains to minimize transport costs; Google invests $550M in Chinese e-commerce site JD.com; China may put a tariff on US oil imports; Brazil’s trucker strike shattered economic growth outlooks; Asia-North America container rates are softening.
Six times per year, professors from Arizona State University, Colorado State University, Rochester Institute of Technology, Rutgers University, and the University of Nevada, Reno collaborate with the Council of Supply Chain Management Professionals (CSCMP) to collate data from professionals in the logistics industry, “identifying trends and developments in the logistics industry over time,” according to the Logistics Manager’s Index (LMI).
SpotSee, the global leader in shock and vibration monitoring through low-cost connectivity and data, is joining the Blockchain in Transport Alliance (BiTA) to help develop the standards for blockchain in the transportation market.
RevUnit, a digital strategy and product studio with clients in the logistics space, has joined the Blockchain in Transport Alliance (BiTA) to help industry leaders work toward common blockchain standards.
K & L, a privately owned full-service transportation and supply chain solution provider, recently became a member of the Blockchain in Transport Alliance (BiTA).
Candid conversations with leaders in the logistics/truck freight brokerage industry.
No longer just a tire company, Michelin is quickly becoming a “solutions” company as it positions itself as a business its customers can rely on regardless of their needs.
Imagine the worst boss you’ve ever had looking over your shoulder all day and telling you what to do, and then once 14 hours have elapsed since you drove to work, you have to drop everything, stop work and take a 10-hour break regardless of the time of day.
The logistics sector faces immense pressure—to be better, faster, and less expensive. A significant amount of pressure has been applied to nearly all industries by disruptive conglomerate Amazon, which has single-handedly changed expectations of consumers everywhere.
A panel of financial experts were mixed when asked whether the industry would see higher spot rates one year from now, but continued capacity issues was not in debate.
Everything has a supply chain if you think about it. How we make, design, and deliver is changing.
Panalpina has joined the Blockchain in Transport Alliance (BiTA), a forum of leading tech and transportation companies for the development and implementation of blockchain standards in the freight industry.
Obtaining data that is both clean and usable remains a challenge for the industry, one that blockchain is promising to solve.
As blockchain technology works its way into the transportation ecosystem, there is remains plenty to learn about its potential, but its success will depend on multiple parties working together.
BiTA announced it would be forming Think Tanks to help identify industry pain points that blockchain could help solve. The Alliance also said the first BiTA Standards should be out before the end of 2018.
The new Blockchain in Supply Chain Alliance (BiSCA) is designed to meet the needs of supply chain participants looking for education and guidance on the development of blockchain standards.
Scroll Network announced its affiliation with the Blockchain in Transport Alliance (BiTA).
China and the United States issued a joint-statement regarding trade consultations and a desire to support bilateral trade between the countries.
Amazon has been in talks with major hospitals across the U.S. to look into the possibilities of venturing into the healthcare supply chain.
Roadrunner Transportation Systems announced today that it has joined BiTA, a group dedicated to implementing standards for the digitalization of the supply chain.
FreightWaves recently covered the E. Coli outbreak and how the recall issue is causing the world to rethink “farm to table” and shedding light on the supply chain. From that outbreak alone, over 100 people fell ill due to a contamination that federal agencies couldn’t pinpoint. As traceability becomes more imperative, blockchain has emerged as a potential solution. The problem with equipping an entire industry, however, is a major stumbling block toward making the real kind of change needed.
An acquisition strategy of buying and keeping companies separate needs some fixing.
After setting one record high after another in the early weeks of 2018, the weekly DAT Dry Van and Reefer Barometers have finally pulled back slightly, before stabilizing in a strong growth range.
A Walmart worker loads a trailer inside a distribution center. Private fleets can provide significant value to their broader organizations, but they still must compete for business, which is why customer service ranks so high as a top concern.
ts best performance in year-over-year increases in revenue per hundredweight (excluding fuel surcharge) in years was not enough to turn a first quarter profit for YRC Worldwide.
Dicom Transportation Group has joined the Blockchain in Transport Alliance (BiTA) in an effort to help shape blockchain standards across the transportation industry.
GS1 makes the system complete and more accurate in the supply chain so that consumers have a smooth shopping experience from website searches, all the way to when the product reaches their doorstep.
Slync, an enterprise blockchain platform for the shipping, logistics and supply chain industries, has appointed Samuel Israel to its advisory board. As a regional CEO, Israel led DHL Global Forwarding for more than 10 years, where he built a multibillion-dollar logistics organization in Latin America.
Custom Pro Logistics, a Cincinnati based 3PL, has announced its membership in BiTA.
DAT’s new OnTime application tracks a truck’s shipment via an app on a driver’s smartphone, giving shippers and 3PLs a low-cost way to monitor their goods movements.
Some signs of a stabilizing market after a long upward run, but nothing that suggests weakness.
The Federal Motor Carrier Safety Administration has formally extended an ELD waiver for livestock and insect haulers until Sept. 30, 2018, under terms of the waiver that was included in the Fiscal Year 2018 Omnibus Appropriations Bill.
Brian Reed has spent the last 18 years as a business and IT chameleon serving freight providers and shippers around the globe.
PAM Transport, Inc., a top 100 largest For-Hire Carrier in North America, announced today that it has joined BiTA.
Businesses with complex supply chains need to stop assuming infinite capacity capabilities and be pragmatic with their capacity planning by leveraging technology.
Profit Tools has developed an Optimization Platform which uses artificial intelligence (AI) and intermodal data points to deliver breakthrough performance and visibility.
Global food supply chains are struggling with visibility and the increasing demand of consumers. Adopting technology like IIoTs and blockchain could be the answer.
IBM is building a computer that’s smaller than a grain of salt and is a part of IBM’s crypto anchor program that plans to use blockchain to improve supply chain transparency.
The demand for last-mile services has increased by 50% in the last 18 months, driven primarily by the B2C companies.
Loss expects at leading fleets say more thought needs to go into package design to ensure cargo is well protected during transit.
There are many services that shippers can outsource, including warehouse operations, and doing so can provide added value to the shipper through expertise that 3PLs can provide.
Supply chain participants spent years taking time out of the process to offer faster, more streamlined services, but with ELDs and e-commerce, that lack of flexibility is now constraining operations.
Atlanta-based supply chain consultancy firm Chainalytics and UK-based ocean shipping consulting firm Drewry Supply Chain Advisors have officially formed a partnership through a joint venture, The Ocean Buying Group.
This is a wake-up call. Make a plan and manage your security now.
Blockchain’s digital potential for the supply chain industry is gaining so much traction because of the inefficiencies of tracking goods through so many paper-based sources and multiple interfaces.
Cashflow Corner presented by TriumphPay …There is another option to acquiring good paying freight for carriers, and that is government freight.
Waymo announced late on Friday that its self-driving trucks will begin delivering goods for Google’s logistics operation in Atlanta.
Using machine learning and artificial intelligence to predict supply chain demand is the focus of a collaborative effort between JDA Software and the Massachusetts Institute of Technology (MIT), Supply Chain 24/7 reports.
Looking at the status of smart contracts, supply chains and the role of tokens.
The global freight logistics industry is in the middle of a transition driven by a confluence of factors ranging from urbanization to the rise of e-commerce, and from automation to intermodal platforms.
How tracking every point in the Champagne supply chain has possibilities for trucking.
Shipwell makes it possible for any business to do freight shipping like Amazon via an easy-to-use online platform.
Livingston International Inc., a leading provider of freight forwarding, customs brokerage and trade-consulting solutions, announced today its membership in the Blockchain in Transport Alliance.
Aria Logistics, a women-owned logistics company located in the northeast, is proud to announce its partnership with the Blockchain in Transport Alliance.
Seeking to provide a more comprehensive solution for fleets, Omnitracs has unveiled its Unified Fleet Management platform Omnitracs One.
Intelligent Audit, a technology leader in freight audit and payment, supply chain data analytics, and contract optimization, announced today that it has been admitted into the Blockchain in Transport Alliance (BiTA).
Used Class 8 truck prices increased 2% year-over-year in January, but fell 3% over December 2017, according to latest data from ACT Research.
College students should benefit from the University of Central Arkansas membership in the Blockchain in Transport Alliance through access to the development of the cutting edge technology.
American Global Logistics, a company that serves small to mid-sized companies, is looking to leverage blockchain to create a more transparent and effficient supply chain network.
Shippabo is a supply chain solution that helps businesses streamline their international shipping like air and bulk cargo.
The CEO of Maersk says that in 3-5 years, Maersk will be competing with UPS and FedEx, and recognized as one of their peers. But what’s the strategy?
During the infamous polar vortex winter of 2014, as temperatures plummeted across North America and even trains came to a halt, a transportation engineer inside AB InBev’s St Louis headquarters reached out to a company that appeared uniquely suited to solve its frozen beer problem. Riskpulse answered the call.
The American Trucking Associations’ Technology and Maintenance Council and Transportation Security Council, in conjunction with the FBI, has developed Fleet CyWatch to help fleets protect themselves against cyberattacks.
DLT Labs announced today that it has joined the Blockchain in Transport Alliance, a forum for the development of blockchain standards and education for the freight industry.
Transplace, a leading provider of transportation management services and logistics technology solutions, today announced that it has joined the Blockchain in Transport Alliance (BiTA), the largest industry-specific blockchain standards organization in the world.
Unilever has pulled back the veil of secrecy on its palm oil supply chain hoping that greater transparency into the process can create greater efficiencies.
St. Charles, IL-based Simple Logistics is the latest 3PL to become a member of the Blockchain in Transport Alliance (BiTA).
The Morpheus.Network, the full-service, global, automated supply chain system with integrated cryptocurrency payments, joins BiTA in building the ultimate importing and exporting platform on the blockchain.
OpenPort, the digital logistics platform that uses blockchain technology to transform domestic distribution in emerging markets, today announced that it has joined the Blockchain in Transport Alliance (BiTA).
In all, 35% of Americans will purchase flowers this year, says the Society of American Florists, totaling some $2 billion in sales, and the most of them get to their destinations via the trucks.
Werner Enterprises (NASDAQ: WERN), a transportation and logistics provider, is pleased to announce its collaboration with the Blockchain in Transport Alliance (BiTA), an alliance formed to ensure standardization of blockchain technology in logistics and throughout the supply chain.
“We’ve spent much of this decade working with business partners to build out the cargo delivery platform our customers want and in 2018 we’re putting it to work,” said Port of Oakland CEO Chris Lytle
With so many regulations to follow, fleets and shippers probably don’t need another reason to fret, but bribery and corruption are on the rise.
The Wall Street Blockchain Alliance and BiTA announced a partnership to define the impact of blockchain technology for the global transport markets.
Velocity Freight Transport, Inc. (Velocity Transport) announced today it has joined BiTA.
There are many stock analysts that have been predicting a stock market decline. The question now becomes, are we looking at a correction or something more indicative of a slowing economy?
New truck orders jumped in January, reaching their second highest level on record, according to data from FTR and ACT Research.
Supply chains are such a complex enterprise, that it’s nearly impossible to solve any one problem without it impacting another part of the chain. That was one of the main points that Michael Zargham, founder and CEO of BlockScience, said during a discussion last month in New York City.
China’s ambitious Belt and Road Initiative (BRI) is slated to head north to the Arctic, Reuters reported. Global warming has opened up new shipping lanes that China plans to exploit.
With all the purchasing of team apparel and snacks that takes place around the Super Bowl, it’s imperative those goods make it to retail locations on time. It takes a Big Game logistics operation to make it happen.
Logistics Plus Inc. (LP), a leading worldwide provider of transportation, logistics and supply chain solutions, is proud to announce that it has joined the Blockchain In Transport Alliance (BiTA) to help develop and set standards for blockchain technology within the transportation industry.
Transparency18 is designed to be a unique freight conference for participants. Towards that end, the two-day event will dedicate one day to live product demonstrations. Companies are encouraged to sign up to demonstrate their innovative solutions.
Online retailers and buyers alike often face the conundrum of being made to choose between fast delivery and low-cost shipping. Buyers are forced to pay extra to ensure same-day delivery of items.
Chattanooga, TN-based Lync America has joined other transportation industry visionaries by collaborating with the Blockchain in Transport Alliance (BiTA), an alliance formed to ensure standardization of blockchain technology in logistics and throughout the supply chain.
TRAFFIX, one of Canada’s longest-serving third-party logistics specialist, based out of Milton Ontario with offices in Toronto, Montreal, Chicago, and Dallas, is proud to announce that they have joined the Blockchain in Transport Alliance (BiTA).
China’s $3B copper mining deal in Afghanistan, the largest foreign investment in the country’s history, is going nowhere. 10 years into a 30 year lease, supply chain problems are keeping any copper from being extracted at all.
According to ACT Research, preliminary North America Classes 5-8 net order data show the industry booked 58,800 units in December, bringing the full-year net order tally to 543,400. That is an 11% improvement over November and 35% above December 2016.
A weather bomb hit the East Coast over the past two days and it has left a mark that will take shippers several days from which to recover.
Block Array LLC, a Chattanooga, TN-based startup, today announced its membership to BiTA – the Blockchain in Transport Alliance.
TIRPORT, a startup from Istanbul, understands the Turkish freight market potential and believes it can bring change to a system that urgently needs a revamp to stay ahead of the times.
If retailers can’t realize savings by wringing efficiencies out of their supply chain, they are doomed to smaller margins, and it could be apocalyptic if they significantly raised prices on customers.
Rail Delivery Services, a premier provider of intermodal drayage, dedicated trucking, and consolidation services, has joined the BlockChain in Transport Alliance (BiTA).
